Accenture’s FY22 Guidance Validates Our Optimism On Industry Growth: Motilal Oswal
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Motilal Oswal Report
Accenture Plc. reported an in line Q4 FY21 revenue.
The management provided a strong initial guidance on FY22 revenue, with a robust commentary around sustainability of demand.
While supply-side pressures are evident, the FY22 margin guidance indicates its ability to offset costs.
Accenture's organic revenue growth guidance (7-10% in constant currency) is strong, given its penchant of raising the guidance over the fiscal.
This implies a strong demand momentum for the industry over the next 12 months.
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